EV Depreciation Insights
Chris emphasizes the rapid depreciation of electric vehicles, noting that their value drops significantly within the first few years. While concerns about battery life and previous ownership may deter some from purchasing used EVs, he suggests that the depreciation patterns are comparable to traditional internal combustion engine vehicles. The conversation highlights the importance of understanding market dynamics when considering an EV purchase.In this clip
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The FI Case for Electric Vehicles | With Chris Terrell | Ep 530
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